Why China Need Not Fear U.S. Economic Slowdown

China, as a developing country, is a nation that set exports and investments as the most manufactories.The United States, as a developed country, about one fifth of China's exports go to it and it is also the biggest foreign market for China. Because the U.S. economic slowdown and China rely on exports too much in the recent year, and because Chinese currenct has risen its exchange rate in the past years, many Chinese economist worried that Chinese economic would be effect a lot, just like Premier Wen Jiabao said in March,"Our economic growth relies heavily on investment and exports," Premier Wen Jiabao said last month, citing an example of how China's expansion has become what he called "unstable, unbalanced, uncoordinated and unsustainable." However, Milan Brahmbhatt still thought that Chinese exports would be continue growing becasue the competitiveness of Chinese exports is to high. Furthermore, I think the reason why China set exports as its one of the most important manufactory is because China is a developing country, the low labor price could lead to the low price exports, and this is also the reason Chinese can export to foreign countries so much. However, as a developing country, use its low labor price to make profit is just a interim and it would only be last in a limited period.